BRAUER BLACKFORD F 4

What Happened

• Brauer Blackford, a director of Commerce Bancshares (CBSH), was granted 718 shares on 2026-05-29. The grant price per share is reported at $52.22, for a total reported value of $37,494. This transaction is coded as an award/grant (A) — an acquisition through company compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed within the SEC’s two-business-day window).
• Price per share: $52.22; Shares granted: 718; Total value: $37,494.
• Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or other footnotes were noted in the provided transaction details.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Insider role: Director (filing does not identify Blackford as a 10% owner).

Context

• This was an equity award (compensation) rather than a market purchase or sale; such grants are commonly part of director compensation and do not alone indicate buying/selling sentiment by the insider. For retail investors, purchases on the open market tend to be more informative about an insider’s view of the stock than routine awards.